He said in the months ahead it was believed more investors would come to invest in the country.
He said based on the results of his meeting with investors in Turkey recently investors believed Indonesia had good economic fundamentals.
"I am optimistic we can meet the target," he said.
He said the government has also rewritten several laws and regulations including providing a tax holiday and revising Presidential Decree Number 13 of 2010 on cooperation between the government and business entities in infrastructure provision and the law on land acquisition.
He said the target could also be met by refining policies linked to investment, improving services and providing various fiscal facilities for investors.
He said future investment prospect in Indonesia was bright, supported by among others the country`s demographic strength.
"But we would need US$50 billion in five years for infrastructure development," he said.
Saratoga Group CEO Sandiaga S Uno meanwhile said foreign funds that entered the Indonesian capital market had not affected real sector funding.
"I think connectivity must be built between the real sector and the stock exchange because the stock exchange index has risen steeply along with the inflow of foreign capital. This must be made into an instrument," he said.
He said the funds must be diverted to the real sector as much as possible. "The funds could be used to finance infrastructure projects and the real sector and small and medium businesses," he said. (*)
Editor: Heru Purwanto
Copyright © ANTARA 2011
